【Blockchain solar company Glow completes $30 million financing, led by Framework Ventures and Union Square Ventures】 on October 31, according to Fortune, blockchain solar company Glow completed $30 million in financing. This round of financing was led by Framework Ventures and Union Square Ventures. Other specific information has not been disclosed. It is reported that Glow operates a decentralized physical infrastructure network (DePIN) consisting of solar farms in the United States and India. In order to encourage farms on its network to use clean energy, the founder designed an economic model based on subsidies and token incentives. Glow helps struggling solar power plants by using funds from financiers to pay for the startup and operating costs of solar power plants. Power plants must put their electricity revenue into an incentive pool to be distributed to other solar power plants. In order to reward the work of these solar power plants, the project will conduct regular audits of each power plant to evaluate and verify their power output and Glow carbon credits. The native token GLW is used to purchase carbon credits, which are then taken out of circulation, influencing the price and bringing value to the Glow ecosystem.